35ive Clarence – Indooroopilly

Purpose of Loan: To fund the development of 13 x residential units in Indooroopilly

Loan Limit: 1st Mortgage – $4,000,000

LVR:  1st Mortgage – 80% of Total Development Costs excluding GST

Loan Term: 14 months

Facility Type: Construction facility

Presales: 75% of debt cover